Find a Tender
planned
Official procurement procedure
Market Engagement of Payments Roadmap Technology Delivery Partner (TDP)
IT services: consulting
software development
Internet and support
UK
Published value
£30,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: BANK OF ENGLAND: "Market Engagement of Payments Roadmap Technology Delivery Partner (TDP)". Published status: planned. Published value: £30,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | BANK OF ENGLAND | Scope & Categories | Not published | Submission Window | planned No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | £30,000,000 |
Bidder Intelligence · Authority Profile: BANK OF ENGLAND
Market Analytics
Derived from OCDS awards & bid statistics
Published history for BANK OF ENGLAND. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
15.1Bids / Report
Supplier ConcentrationHigh Concentration
ESOTEC LTD.Top vendor: 91.8% of attributable valuePayment Terms
Check noticePublished terms
Coverage: 179 active published awards; 28 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
| Supplier Name | Historic Awards | Attributable GBP Value |
|---|---|---|
| ESOTEC LTD. | 1 win | £4,163,656 |
| Bureau Veritas UK Limited | 1 win | £175,000 |
| Piller UK Limited | 2 wins | £104,344 |
| 3VRM LIMITED | 1 win | £95,000 |
Procedure terms
Contracting AuthorityBANK OF ENGLAND | Procedure methodNot published | Procurement categoryNot published |
Statusplanned | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published14 Jul 2026, 16:03 BST | Last source update14 Jul 2026, 16:03 BST | Recurring procurementNot published |
ClassificationIT services: consulting, software development, Internet and support | ||
Delivery area UK | ||
OCIDocds-h6vhtk-067e7e | ||
What is being bought
The Bank of England launched the new RTGS system successfully in April 2025. After a year of maintenance and support, enhancements have been identified to ensure the system is running as effectively as possible. The TDP is required to work alongside the Bank of England to align the core settlement product family and to deliver these strategic enhancements.
The Bank plans to explore the options from the market along with how the TDP and enhancements could be procured.
Particular suitability:
-Understand what capabilities exist in the market for payments, payment processing, AMH and SWIFT messaging.
-Assess how suppliers support end‑to‑end innovation in payment messaging.
-Identify scalable and flexible approaches that can support future regulatory, operational, and technology change
-Inform subsequent discovery and procurement activity
This Notice is for information only.
The information contained in this notice, including information relating to the nature and scope of the requirements, the estimated value, the service classification of this requirement and the list of CPV codes, is only indicative of current thinking and is neither exhaustive nor binding and the Authority reserves the right at its absolute discretion to amend it at the time of issue of any further notices or at any other time. The publication of this notice in no way obliges the Authority to commence any competitive tender process. The Authority is not and shall not be liable for any costs incurred by those expressing an interest in participating in this premarket engagement exercise.
What changed
From the official release history
- Published value updated to £30,000,000
14 Jul 2026, 16:03 BST - Official notice release published
14 Jul 2026, 16:03 BST - Published value updated to £25,000,000
9 Apr 2026, 09:26 BST - Status changed to planned
9 Apr 2026, 09:26 BST - Official notice release published
9 Apr 2026, 09:26 BST - Buyer information updated
9 Apr 2026, 09:26 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedplannedPublished valueNot publishedThe source published no individual title or description for this lot.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Pipeline notice
14 Jul 2026, 16:03 BST - Procedure published
14 Jul 2026, 16:03 BST - engagement
28 Jul 2026, 23:59 BST · scheduledThe Bank of England (Authority) would like Service Providers to express their interest in premarket engagement before 3pm on Tuesday 28th July 2026 by sending an email to RTGSCommercial.Mailbox@bankofengland.co.uk. Please title your e--mail "Market Engagement of Payments Roadmap Technology Delivery Partner CD-2337" and include the following detail in your message: - Quoting Reference - 'Market Engagement of Payments Roadmap Technology Delivery Partner CD-2337' - Full name - Company/organisation name - Contact details (E-mail and phone number) In return we will send you a Non-Disclosure Agreement (NDA) to sign and, following receipt of an NDA, an invitation to a premarket engagement event.
Commercial outcome and competition
AwardsNo award published |
ContractsNo contract published |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
BANK OF ENGLAND
Contracting authority GB-COH-RC000042Documents (1)
Official links; attachments are not copied
- 14 Jul 2026, 16:03 BST
Related procedures (0)
No related procedures published
Planning and rationale
Planning budgetNot published |
No-engagement rationaleNot published |
Procedure rationaleNot published |